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Elon Musk has a one word advice for all cryptocurrency investors
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livemint.comElon Musk, who is known for his cryptocurrency-related comments, has an advice for investors across the world. The Tesla and SpaceX CEO was responding to a tweet by Bill Lee, who is an investor in some of Musk's ventures.
Bill Lee, who is also the founding partner at West Coast Holdings, responded to a tweet that talked about breaking the dependence on crypto exchanges, saying "not your keys, not your crypto," which basically weighs on the importance to own keys to claim assets in their digital wallet.
'Exactly,' Musk, whose comments on cryptocurrency are widely tracked and carry an impact on the markets, replied supporting the proposition. Keys are basically digital signatures that all wallets use for transactions.
A private key allows a
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